Dollar Tree and Deutsche Bank skid; GM and US Steel climb
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday:
General Motors Co., up $4.87 to $42.70
Japanese technology conglomerate SoftBank is investing $2.25 billion in GM’s autonomous car business.
Dollar Tree Inc., down $13.76 to $82.59
The discount retailer cut its annual profit forecast after a weak start to the year.
U.S. Steel Corp., up 62 cents to $36.87
American steel companies rose after the Trump administration announced tariffs on European steel and aluminum imports.
Dollar General Inc., down $9.04 to $87.48
The discount retailer reported disappointing results in its latest quarter, partly thanks to bad weather.
Deutsche Bank AG, down 49 cents to $11.08
The Wall Street Journal reported that the Federal Reserve added the German company to a list of troubled banks.
J. Jill Inc., up $1.64 to $7.84
The women’s clothing retailer reported a far bigger profit and better sales than analysts expected.
Facebook Inc., up $4.11 to $191.78
Technology companies fared better than the rest of the market on Thursday.
Sears Holding Co., down 40 cents to $2.81
The struggling retailer said it will close another 72 stores as sales plunge and losses grow.